Investing.com - Fortinet (NASDAQ: FTNT) reported second quarter EPS of $0.38, $0.04 better than the analyst estimate of $0.34. Revenue for the quarter came in at $1.29B versus the consensus estimate of $1.31B.
Guidance
Fortinet sees Q3 2023 EPS of $0.35-$0.37 versus the analyst consensus of $0.36.
Fortinet sees Q3 2023 revenue of $1.32B-$1.38B versus the analyst consensus of $1.38B.
Fortinet sees FY 2023 EPS of $1.49-$1.53 versus the analyst consensus of $1.46.
Fortinet sees FY 2023 revenue of $5.35B-$5.45B versus the analyst consensus of $5.47B.
Fortinet's stock price closed at $75.76. It is up 17.29% in the last 3 months and up 44.00% in the last 12 months.
Fortinet saw 28 positive EPS revisions and 1 negative EPS revisions in the last 90 days. See Fortinet's stock price’s past reactions to earnings here.
According to InvestingPro, Fortinet's Financial Health score is "great performance".
Check out Fortinet's recent earnings performance, and Fortinet's financials here.
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